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Amend CSHB 2329 by inserting a new appropriately numbered 
section to read as follows:
	Section __ THE UNIVERSITY OF HOUSTON SYSTEM.  (a) In addition 
to the other authority granted by this subchapter, the board of 
regents of the University of Houston System may acquire, purchase, 
construct, improve, renovate, enlarge, or equip property, 
buildings, structures, facilities, roads, or related 
infrastructure for the University of Houston Clear Lake to be 
financed by the issuance of bonds in accordance with this 
subchapter and in accordance with a systemwide revenue financing 
program adopted by the board in an aggregate principal amount not to 
exceed $38 million.
	(b)  The board may pledge irrevocably to the payment of those 
bonds all or any part of the revenue funds of an institution, 
branch, or entity of the University of Houston System, including 
student tuition charges required or authorized by law to be imposed 
on students enrolled at an institution, branch, or entity of the 
University of Houston System.  The amount of a pledge made under 
this subsection may not be reduced or abrogated while the bonds for 
which the pledge is made, or bonds issued to refund those bonds, are 
outstanding.
	(c)  If sufficient funds are not available to the board to 
meet its obligations under this section, the board may transfer 
funds among institutions, branches, and entities of the University 
of Houston System to ensure the most equitable and efficient 
allocation of available resources for each institution, branch, or 
entity to carry out its duties and purposes.